251 19Th St New York, NY 10011
- Office Properties & Spaces
- 2,256 SF
Current Use by Public Records
- Higgins Lawrence A DO / Internist
- Ethan Cohen Gallery / Art Gallery
- Threaded Tales / Store
- Chelsea Nineteen Condominium / Condominium Complex
- Patient Service Center / Diagnostic Center / Medical Laboratory
Property Details for 251 19Th St
- Property size
- 2,256 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
This exceptional 2,256 square foot triplex medical office condominium, located at 251 West 19th Street in the heart of Chelsea, presents a unique investment opportunity. Situated between 7th and 8th Avenues, this suite boasts a private landscaped street entrance and convenient access via the building's lobby and lower-level elevator. The thoughtfully designed space includes two waiting/reception areas (main and lower levels), four restrooms, three exam rooms, two offices/consult rooms, a nurse's station, a lab, a procedure room, three storage areas, and a kitchenette. Central air conditioning is installed on the ground and second floors, supplemented by two split units on the lower level. Currently configured for internal medicine, this adaptable space is suitable for various medical specialties. Alternatively, subject to Department of Buildings and Board approval, it can be converted into a three-bedroom/den, 2.5-bathroom residence. The property benefits from excellent public transportation access via multiple subway lines and bus routes, and its proximity to major hospitals like Lenox Health Greenwich Hospital and NYU Langone enhances its appeal. Additional features include a two-story atrium waiting room, new oversized soundproof windows with motorized shades, and a low monthly common charge of $1,654.61. The annual real estate tax is $38,833.44. Please note a 0.75% flip tax is payable by the buyer, along with two months of common charges.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9992
- Latitude
- 40.7424